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Can you answer this please. Flexible Budget for Selling and Administrative Expenses Agent Blaze uses flexible budgets that are based on the following data Sales
Can you answer this please.
Flexible Budget for Selling and Administrative Expenses Agent Blaze uses flexible budgets that are based on the following data Sales commissions Advertising expense Miscellaneous selling expense Office salaries expense Office supplies expense Miscellaneous administrative expense Prepare a flexible selling and administrative expenses budget for January 2016, for sales volumes of $120,000, $150,000, and $180,000. (Use Exhibit 5 as a model.) Enter all amounts as positive numbers 10% of sales 23% of sales $2,700 plus 3% of sales $18,000 per month 4% of sales $1,900 per month plus 2% of sales Agent Blaze Flexible Selling and Administrative Expenses Budget For the Month Ending January 31, 2016 Total sales $120,000 $150,000 180,000 Variable cost: Sales commissions Advertising expense Miscellaneous selling expense Office supplies expense Miscellaneous administrative expense Total variable cost Fixed cost: Miscellaneous selling expense Office salaries expense Miscellaneous administrative expense Total fixed cost Total selling and administrative expensesStep by Step Solution
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